Using a specially designed survey of Japanese firms planning investments in Asia, the authors emphasize the importance of privately held information in making foreign investment decisions. Information on operating conditions based on direct experience in a country is likely to be the most credible information, but for investors new to a country, information inferred from observing others investing in that country may be more influential. Initially...
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INFORMATION
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1997/02/28
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Document de travail de recherche sur les politiques
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WPS1733
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1
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1
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2010/07/01
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The usefulness of private and public information for foreign investment decisions
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private information
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